AMD Stock Soars After Amazon Announced As Major Partner Using EPYC Chips

AMD is showing proof it can command real market share with current first generation 14nm EPYC products

This is a major win for AMD and is a legitimate milestone as the company continues to take enterprise and data center market share away from Intel, who has enjoyed a >99 percent position in the market as recently as a year or so ago. Amazon cites a 10 percent cost reduction by switching to EPYC servers versus their Intel (NASDAQ:INTC 47.25 -0.01%) Xeon counterparts.